Marking a revolutionary stride for the worldwide Web 3.0 community, BlockchainSpace made waves with the unveiling of its Web 3.0 community-collectible platform, YEY. The launch was held at the 2023 FIBA Basketball World Cup in the Philippines, garnering significant attention.
A Vision for Web 3.0 Accessibility
Earlier in May 2023, BlockchainSpace from Singapore established a strategic alliance with the Philippines’ premier telecom company, Smart Communications. The goal was to bring the benefits of Web 3.0 not only to Smart’s extensive user base of nearly 60 million but also to a wider audience in Southeast Asia. This collaboration bore fruit in August 2023 with the launch of the BlockchainSpace YEY platform at the FIBA Basketball World Cup, an event that saw record attendance.
Attendees connected to the Smart network could scan QR codes at the venue to receive exclusive Smart-FIBA Shinys as participation tokens. These tokens also acted as on-chain tickets for an off-platform promotional draw, organized in partnership with the Philippines’ Department of Trade and Industry. The number of Shinys collected served as multipliers in the draw, with prizes including sought-after tickets to the FIBA finals.
Introducing YEY: Simplifying the Crypto Experience
The YEY app aims to make the journey into crypto as smooth as possible for users, regardless of their experience with Web 3.0. The app allows users to create wallets and receive NFTs in just a few minutes, reducing friction to a minimum. Built on the Ethereum-compatible Polygon PoS, which hosts many popular Web 3.0 apps today, YEY streamlines user wallet creation and directly mints NFTs on the chain, ensuring a seamless user experience.
The app also empowers creators, games, and brands to create exclusive digital collectibles or ‘Shinys.’ These collectibles can be minted on the platform, shared with superfans and community members, and showcased in their custodial wallets.
YEY’s Real-Life Blockchain Integration
The FIBA deployment underscores YEY’s dedication to integrating real-world user experiences with blockchain technology. This integration extends the reach of the BlockchainSpace YEY platform beyond the Web 3.0 ecosystem, demonstrating the potential for practical blockchain applications.
With the backing of California-based venture capital firm Infinity Ventures Crypto, BlockchainSpace has the potential to leave a significant imprint on the global tech landscape. The firm, a key investor in BlockchainSpace’s 2021 strategic round, saw the potential of a community-driven platform. As a result, BlockchainSpace was given the opportunity to grow and make a lasting impression on the global tech scene.
For those who wish to explore the potential of the BlockchainSpace YEY platform and other crypto ventures, the cryptoview.io application can provide valuable insights. The application offers a comprehensive view of the crypto market, helping users to make informed decisions.
As it currently stands, YEY is open to enterprise collaborations of any size or industry, while a waitlist is in place for the platform. The ease of use and potential for community building and value creation make YEY a promising platform for the future.
About YEY: The YEY app is a community-collectible platform hosted by BlockchainSpace. It empowers creators, games, and brands to reward their superfans with unique Shinys and other enticing rewards. To learn more about BlockchainSpace, visit their website and follow their social media for more updates.
